The crypto market is in its early days and like other industries, is filled with speculations.
Ripple CLO Stuart Alderoty pointed out similarities in crypto and the internet in the 90s.
With FTX collapse, Alderoty implied that the bad days for crypto space are over.
Ripple’s Chief Legal Officer, Stuart Alderoty, posted an interesting poll on X (formerly Twitter) to his 174.5K followers and the crypto community. The results offer insights into the growth of the digital asset space.
Alderoty asked in his post, “Which industry faced early speculation, corruption, and bankruptcy before eventually consolidating around a few good actors and achieving mass adoption of transformative innovation?” He provided four options for his followers.
The options were: “the internet of the 90s,” “railroads in the 1800s,” “cryptocurrency today,” and “all the above.” Over 62.6% of respondents chose the fourth option, while 19.3% selected the third. The first option received 13.8% of the votes, and the second got 4.3%.
Which industry was subject to early speculation, corruption, and bankruptcy before eventual consolidation by a few good actors resulting in the mass adoption …
The post Ripple Exec: Crypto Will Be as Big as the Internet appeared first on Coin Edition.
